IMF: risk of global crash is increasing ‘IMF confirms analysis made by LEAP/E2020 in February 2006!’Financial markets have failed to price in the risk that any one of a host of threats to economic stability could materialise and deliver a massive shock to the world economy, the International Monetary Fund warned yesterday.

‘Energizing against the clash: interactions between oil and the clash of civilizations’ Serious damage to major oil facilities, closing or damaging transport routes, and anything else that could significantly cut off supplies oil and gas across and from these countries can hit home here pretty hard, says Prof. Paul Sullivan.

Europe set for nuclear talks with Iran Europe is poised to compromise on Iran’s nuclear programme, in a step that could break the year-long stand-off over Tehran’s atomic ambitions. A deal, floated by Tehran at a weekend meeting in Vienna, would rein in the most sensitive part of the programme as soon as formal negotiations began with the west. In response, the European Union is watering down its insistence that a suspension of enrichment activities must come before talks.

Quack Doctors In The House Many investors wonder what the consequence is with a damaged compass for guidance in the economic seas. Assets must be granted a premium benefit in return for risk to capital. First, you see improper risk reward for bonds against erosion of capital via price inflation, which is much higher than regarded. Interest rates are not high enough, surely not versus the higher than stated price inflation.

Mayhem on Dalal Street as Sensex crashes 368 pts Indian share markets crashed on Monday and the barometer index plunged 367.97 points, as investors resorted to massive profit taking after the bourses had ended higher in each of the seven preceding weeks.

Dutch parliament debates secret CIA prisons Dutch ties with the US, merely dented or is the damage worse?Dutch Foreign Minister Ben Bot says he'll take the lead in getting a European declaration condemning the US practice of using secret CIA prisons in its war on terror. Mr Bot made this clear during an emergency debate held in the Dutch parliament on Wednesday in connection with the revelation that the US has operated clandestine prisons.